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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown
The world’s second-largest Ethereum mining pool initially had stopped providing services to new Chinese users, but has expanded its suspension to all users.
Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown
The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.
7 Nights in Pyongyang: Inside the North Korean Trip That Got Ethereum’s Virgil Griffith Arrested
The Ethereum Foundation’s Virgil Griffith pled guilty Monday to charges related to his trip to North Korea for a blockchain conference. Author Ethan Lou was on that trip. The following is adapted from Lou’s new book, “Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West.”
Crypto Funds Draws Most New Money in 3 Weeks Even as China Cracks Down
Bitcoin had $50 million in inflows last week.
Ethereum Developer Virgil Griffith Goes on Trial for Allegedly Advising North Korea
Virgil Griffith, a developer of the Ethereum network arrested at the end of 2019 on allegations he helped educate North Koreans about cryptocurrencies, will begin his trial Monday. Plus, the potential outcomes of the bipartisan infrastructure bill as the U.S. House of Representatives are to vote Monday.
DAOs May Be the Future of Work, but Don’t Bet on Them Being the Next Big Asset Class
The decentralized nature of DAOs and their dependence on vibrant, committed communities can be at odds with investors who are just in it for the virtual Benjamins.
Time’s NFT Launch Sends Gas Fees Spiraling
Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.
Coach and GQ China to Release Six NFTs on Ethereum
The launch will mark Coach’s first foray into digital tokens.
Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network
Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.
Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility
The California-based asset manager said the new trusts will reduce volatility through its active management strategy.
